2551 Nj-27Franklin Township, NJ 08873

For Sale
$1,680,000

Prime Route 27 location, high traffic!

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 1,180 sq ft. QSR/Fast Food property, situated on over an acre in Franklin Township, NJ, presents a unique value-add investment opportunity. Located on highly trafficked NJ-27, this single-unit building boasts 50 parking spaces and benefits from approximately 38,000 vehicles passing daily. Built in 1961, the property is zoned for commercial use and offers ample space for expansion. The thriving Franklin Township community, with a population exceeding 62,000 and a median household income of approximately $89,992, provides a strong market for retail and dining establishments. This location, surrounded by complementary businesses, ensures high visibility and significant potential for growth. The asking price is $1,680,000, translating to $1,423.73 per square foot. This is a rare chance to acquire a well-positioned property with significant historical charm and substantial upside potential in a vibrant commercial area. The property's size, location, and existing infrastructure make it an ideal investment for a variety of business ventures.

Highlights

  • High-visibility location on Route 27 in Franklin Township, Somerset County, NJ, with high traffic counts.
  • 1+ acre lot with a 1,180 sq ft building, ideal for a drive-in restaurant or similar use.
  • Commercially zoned for restaurant and other business uses.
  • High daily traffic counts of approximately 38,487 vehicles in the Franklin Park area.
  • Strong demographics: Franklin Township boasts a population exceeding 62,000, a median age of 38.3, and a median household income of approximately $89,992.
  • Located in a vibrant commercial area with numerous retail and dining options.

Property Details for 2551 Nj-27

Property type
Other retail properties, Restaurants
Square Feet
1,180 SF
Year Built
1961
Buildings
1
Stories
1
Lot Size (sq. ft)
52,272 SF
Units
1

Location Insight

City
Franklin Township
County
Somerset
State
New Jersey
Latitude
40.4499174
Longitude
-74.5224357
2551 Nj-27, Franklin Township, New Jersey

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2551 Nj-27
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